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Sudden Turnaround in Price of Gas

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  • Sudden Turnaround in Price of Gas

    SUDDEN TURNAROUND IN PRICE OF GAS
    X-Sender: Asbed Bedrossian <[email protected]>
    X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN

    Lragir/am
    23 March 06

    New and interesting episodes are coming along in reference to the
    price of gas. On March 22 Serge Sargsyan, Secretary of the Council of
    National Security, Co-chair of the Russian-Armenian Intergovernmental
    Committee, made an interesting statement. He mentioned that since the
    meeting of the presidents of Armenia and Russia in Moscow considerable
    work has been done with regard to the price of gas.

    `After consulting the prime minister on the instruction of the head of
    state in early March, I sent a letter to the head of Gasprom
    Mr. Miller with definite proposals. On Friday we received an answer
    from Mr. Miller that the leadership of Gasprom is willing to sign
    agreements by the end of March, which will allow to sell gas to people
    and producers at much lower prices than foreseen,' announced Serge
    Sargsyan.

    Serge Sargsyan declined to mention an exact price. He simply said that
    in his opinion the increased price will not have an impact on their
    budgets. This statement of the defense minister would, of course,
    encourage people and producers, but the problem is that the Public
    Utilities Commission has already set the price of gas for these
    consumers. Hence, since April 10 they will have to pay twice as much
    for one cubic meter as they pay now. Whereas, the announcement of the
    minister of defense allows to suppose that the Public Utilities
    Commission hurried to accept the bid of Hayrusgasard. But the minister
    of defense does not think so. He believes that the Public Utilities
    Commission acted in accordance with the law. `That is, the law could
    not be violated,' said Serge Sargsyan.
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